
297. The Fiat Standard Lecture 16: Bitcoin and Energy Markets
By Dr. Saifedean Ammous
Aired Oct 28, 2025 · 1h 15m · Last boosted Oct 29, 2025
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The Fiat Standard Lecture 16: Bitcoin and Energy Markets discusses proof of work as a technological alternative to fiat’s political conflict, how miners seek zero-opportunity-cost energy globally, and why difficulty adjustment turns demand into network security. You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download. You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership
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